Daniel J. Crowley - 20 May 2021 Form 4 Insider Report for TRIUMPH GROUP INC (TGI)

Role: Chairman, President and CEO, Director
Signature: Jennifer H. Allen, POA for Daniel J. Crowley
Issuer symbol: TGI
Transactions as of: 20 May 2021
Transactions value $: -$143,553
Form type: 4
Filing time: 24 May 2021, 14:38:23 UTC
Next filing: 11 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TGI	Common Stock	Options Exercise	$0	+21.7K	+5.04%	$0.00	453K	20 May 2021	Direct
transaction	TGI	Common Stock	Tax liability	-$144K	-9.49K	-2.1%	$15.13	443K	20 May 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TGI	Restricted Stock Units	Options Exercise	$0	-21.7K	-50%	$0.00	21.7K	20 May 2021	Common Stock	21.7K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares.
F2	Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
F3	Forfeiture restrictions will lapse on the remaining restricted stock units on May 20, 2022. Earlier potential lapse of forfeiture events set forth in the Company's severance plans apply to this award.